M&A Deal Summary

The Hartford Steam Boiler Inspection and Insurance Acquires relayr

On September 4, 2018, The Hartford Steam Boiler Inspection and Insurance acquired information technology company relayr for 300M USD

Acquisition Highlights
  • This is The Hartford Steam Boiler Inspection and Insurance’s 1st transaction in the Information Technology sector.
  • This is The Hartford Steam Boiler Inspection and Insurance’s largest (disclosed) transaction.
  • This is The Hartford Steam Boiler Inspection and Insurance’s 1st transaction in Germany.

M&A Deal Summary

Date 2018-09-04
Target relayr
Sector Information Technology
Buyer(s) The Hartford Steam Boiler Inspection and Insurance
Deal Type Add-on Acquisition
Deal Value 300M USD

Target

relayr

Berlin, Germany
website
relayr GmbH is an enterprise IoT company, providing the enterprise middleware for the digital transformation of industries. relayr develops sustainable IoT solutions, based on the OpenFog IoT reference architecture and its own stack. relayr GmbH was founded in 2013 and is based in Berlin, Germany.

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Buyer(S) 1

Buyer

The Hartford Steam Boiler Inspection and Insurance

Hartford, Connecticut, United States

website


Category Company
Founded 1866
Sector Insurance
DESCRIPTION

The Hartford Steam Boiler Inspection and Insurance Co. is an insurance and inspection company specialising in engineering risks in the USA.


DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Germany) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 Meshify

Houston, Texas, United States

Meshify, Inc. is a startup company with technology that connects disconnected devices through the Industrial Internet of Things (IoT). Meshify’s complete cloud-based IoT platform makes any device “smart” and provides real-time monitoring, alerts of potential risks and information that improves business operations. It offers software, hardware and services that simplify the collection of data, manages complex monitoring, and displays sensor data in user-friendly web and mobile applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-21 Zeguro - Digital Cybersecurity Platform

San Francisco, California, United States

Digital Cybersecurity Platform provides small and mid-size businesses with integrated online access to cybersecurity training, compliance policies, and web application monitoring to identify their cyber vulnerabilities.

Buy -